Property summary
This exceptional self-storage portfolio in Broken Bow, Nebraska, presents a compelling investment opportunity. Comprising two properties located at 607 S B St and 603 Cherry Ave, the portfolio boasts a combined 21,430 square feet of net rentable space across 106 units housed within six buildings. Currently operating at 100% occupancy, the portfolio generates a strong net operating income (NOI) of $84,084, representing a 7.01% capitalization rate. A pro-forma NOI of $99,005 projects an even more attractive 8.25% capitalization rate, reflecting significant upside potential. Built in 2010 and 1999, respectively, the properties sit on approximately 0.86 and 0.18 acres of land. The properties are identified by APN numbers 001072300 and 001196800. The asking price for this turnkey investment is $1,200,000. Opportunities exist to increase rental rates given the current high occupancy and to implement additional revenue streams such as tenant insurance and administrative fees. Seller financing options are available, making this an attractive proposition for a wide range of investors.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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